Home › Governance, Risk & Compliance › PROCESS POINTS: Minimizing Records Retention Risk

PROCESS POINTS: Minimizing Records Retention Risk

March 18, 2010

by Christopher T. McKittrick

in

When it comes to records retention, you need to walk a very fine line -- keeping certain records for long periods can be just as bad as not having them at all. Here's how to take control of your records retention process (or start one if you don't already have a process in place).

Spring-Cleaning! | Source: The Big Fat Finance Blog.

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Average: 8 (2 votes)

The secret to minimizing the

On November 21st, 2011 Andrew Park (not verified) said:

The secret to minimizing the sheer bulk of this necessary evil is to know when it's safe to throw stuff out. hire a programmers

"I agree with the above

On January 24th, 2012 a bfmag.com reader (not verified) said:

"I agree with the above poster that risk analysis often lacks clear context of the situation and environment of those parameters. I think it takes a leadership team that has very clear focus and vision of their industry to best interpret what the risks really are. This is why I always want my managers, at all levels, to get out into the field a few times a year, at least. To see whats going on at the base level of consumer and sales."

I found this on another forum, and I think it really points out what is happening in this article.
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